TechFlow news, June 17 — According to The Block, Web3 AI infrastructure platform PublicAI has raised $8 million in funding from investors including Saudi Telecom Group, Blockchain Builders Fund, Tykhe Blocks Ventures, NEAR Foundation, Taisu Ventures, MH Ventures, YGG, CSP DAO, IBC Group, G20, Whitewater Labs, and UXLink.
PublicAI focuses on human-in-the-loop (HITL) technology, has generated over $14 million in customer revenue, and built a global network of one million contributors. The company will launch HeadCap, the world’s first decentralized brainwave data collection device, to advance next-generation brain-computer interface development.
PublicAI co-founder Kenji Narushima said the company’s mission is to use human expertise to train ethical and reliable AI, aiming to enable individuals worldwide to share in the economic benefits brought by AI innovation. The company was incubated by the Stanford Blockchain Accelerator, which specifically supports cutting-edge blockchain technology firms founded by Stanford graduates.
